16154 S 96TH Avenue, ORLAND PARK IL 60467 Photo 1 16154 S 96TH Avenue, ORLAND PARK IL 60467 Photo 2 16154 S 96TH Avenue, ORLAND PARK IL 60467 Photo 3 16154 S 96TH Avenue, ORLAND PARK IL 60467 Photo 4 16154 S 96TH Avenue, ORLAND PARK IL 60467 Photo 5 16154 S 96TH Avenue, ORLAND PARK IL 60467 Photo 6 16154 S 96TH Avenue, ORLAND PARK IL 60467 Photo 7 16154 S 96TH Avenue, ORLAND PARK IL 60467 Photo 8 16154 S 96TH Avenue, ORLAND PARK IL 60467 Photo 9 16154 S 96TH Avenue, ORLAND PARK IL 60467 Photo 10
Listing Courtesy of Williams Realty Group

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16154 S 96TH Avenue - RARELY AVAILABLE ON THE MARKET. CORPORATE AND FRANCHISE GUARANTEE. GROUND LEASE, NO RESPONSIBILITIES OF THE OWNER. 8 YEARS REMAINING ON THE CURRENT LEASE. RECENTLY UPDATED BY NEW TENANT, TWIN PEAKS 2017. THE PROPERTY IS LOCATED IN AFFLUENT SOUTH SUBURBS OF CHICAGO WITH EXCELLENT DEMOGRAPHICS. ONE OF THE FASTEST FOOD FRANCHISE IN USA. 10% INCREASE IN 2022. 3 (5-YEAR) OPTION AFTER CURRENT LEASE EXPIRES. PERFECT FOR 1031 EXCHANGE.

Listing information

  • MLS® ID: 10172495
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Retail / Hospitality / Service
  • Stories: 1
  • Foreclosure: No
  • Year Built: 2007
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $86,431

Features

Air Conditioning Ceiling Fans, Central Air
Approximate Age 7-15 Years
Current Use Commercial
Electrical Service 201-600 Amps, Circuit Breakers
Fire Protection Alarm Monitored, Alarm On Site, Ansul System, Fire Extinguisher/s, Hydrants On Site, Smoke or Fire Protectors
Franchisor Feed(y/n) No
Geographic Locale South Suburban
Heat/Ventilation Electric, Forced Air, Gas
Information No Sign on Property, Other-See Remarks, Short Notice OK
Investment (Y/N) Yes
Other # Of Drive In Doors - 0, # Of TL Docks - 0, Approx Total Bldg Sq Ft - 6000, Gross Rentable Area - 6000, Gross Rental Income $ - 16335, Net Oper Income $ - 16335, Net Rentable Area - 6000, Tax Year - 2017, Total Annual Exp - 0, Total Annual Income - 163350, Township - Orland
Ownership Type Corporation, Land Trust, Limited Partnership, Sole Proprietor
Property Offered For Sale Only
Property Type Retail/Stores
Tenant Pays Air Conditioning, Common Area Maintenance, Electric, Heat, Insurance, Janitorial, Operating Stops, Other, Real Property Taxes, Repairs and Maintenance, Scavenger, Varies by Tenant, Water/Sewer
Listing Courtesy of Williams Realty Group